Oil Prices Decline 0.3%, Amidst Global Energy Crisis
Oil prices fell for the first time in four days on Tuesday, taking a breather, analysts said, after weeks of gains fuelled by a rebound in global demand that is contributing to...
Oil prices fell for the first time in four days on Tuesday, taking a breather, analysts said, after weeks of gains fuelled by a rebound in global demand that is contributing to...
Shares in Asia-Pacific were mixed in Monday trade as stocks in Hong Kong led gains regionally. Hong Kong’s Hang Seng index rose 1.84%, as of its final hour of trading. Hang Seng Index...
Oil prices rose on Monday, extending multiweek gains, amid supply restraint from major producers and growing demand for fuels as economies try to recover from the coronavirus pandemic. Brent crude was up 81 cents,...
Oil prices dropped for a second session Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised concerns over demand after prices rallied to multi-year highs. U.S. crude dipped...
Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default. Top U.S. Senate Republican Mitch McConnell...
Shares in Asia-Pacific were mostly lower on Wednesday, with major indexes in Japan and South Korea leading losses regionally. Japan’s Nikkei 225 shed earlier gains, falling 1.05% to close at 27,528.87, while the Topix...
The world investor week is important in reminding investors that in every single decision that they make, they need to be aware of regulations, risks
U.S. oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas and coal markets....
Oil prices climbed on Tuesday, hitting their highest levels in at least three years, extending gains triggered during the previous session after the world's major oil producers announced they had decided to...
Asian markets were mixed in Monday trade, with the Hang Seng index in Hong Kong tumbling more than 2% following its return from a Friday holiday. The Hang Seng index fell 2.19% to 24,036.37,...
Oil fell on Monday ahead of a meeting by OPEC and its allies which may determine whether a recent rally in prices amid supply shocks and recovery from the COVID-19 pandemic will be...
Global markets were mixed but mostly lower as inflation concerns hit various central banks after the hits of the Evergrande crisis which has rocked China and looked to be throwing the global...
Shares in Asia-Pacific slipped in Friday trade, with Japanese markets among the region’s biggest losers.
“The upcoming OPEC+ meeting on Monday will be crucial for oil price direction next week. A production increase beyond 400,000 bpd would see some short-term relief,” ANZ Research analysts said in a note.
Shares in Asia-Pacific were mixed on Thursday, as investors reacted to the release of Chinese factory activity data for September. Mainland Chinese stocks closed higher, with the Shanghai composite up 0.9% to 3,568.17 while...
Oil prices fell on Thursday, extending losses after official figures showed an unexpected rise in inventories in the United States although prices seem to have stabilized following a recent run of gains. Brent...
Wall Street ended firmer on Wednesday in a partial rebound from the previous day’s broad sell-off, with remarks from U.S. Federal Reserve Chairman Jerome Powell and the ongoing debt ceiling debate keeping...
Asia-Pacific stocks largely fell in Wednesday trade following an overnight tumble on Wall Street, with the Nasdaq plunging nearly 3% as bond yields rise. In Japan, the Nikkei 225 slipped 2.12% to close...
Oil prices fell for the second straight day on Wednesday as doubts re-emerged over demand, with Covid-19 cases continuing to rise worldwide and gasoline shortages in some regions. Brent crude was down $1.03...
Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over persistent inflation, and contentious debt ceiling negotiations in Washington. All three...
Stocks in Asia-Pacific were mostly lower on Tuesday, as various firms downgraded China’s GDP forecasts. Goldman Sachs on Tuesday slashed its China GDP growth expectations to 7.8%, down from the 8.2% previously...
Oil markets rose on Tuesday, reversing earlier losses and extending their rally into a sixth session, amid continued concerns over tight supply at a time when demand is picking up with the...
Wall Street's benchmark indices, the S&P 500 and Nasdaq indexes ended lower on Monday with investors pivoting to value as tech shares, hurt by rising Treasury yields, weighed on equities in the...
Shares in Asia-Pacific were mixed on Monday, with investors monitoring stocks related to embattled developer China Evergrande Group. Mainland Chinese stocks closed lower, with the Shanghai composite slipping 0.84% to 3,582.83 while the Shenzhen component dipped...
Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic...
Gold is often considered a hedge against higher inflation, but a Fed rate hike would increase the opportunity cost of holding gold, which pays no interest.
Global markets were mixed this week, as many analysts comprehended the possible impact of China's Evergrande Group into a global financial abyss. With no shortage of headlines to worry about, volatility made...
The Dow and S&P 500 edged higher on Friday and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike. Athletic wear...
Stocks in Asia-Pacific were mixed on Friday, as investors continued to watch developments surrounding China Evergrande Group. The Nikkei 225 in Japan jumped 2.06% to close at 30,248.81, with shares of Fast Retailing and Softbank Group gaining 1.5%...
Oil prices rose for a fourth day on Friday, taking Brent towards three-year highs, as investors focused on tighter supplies amid a strong appetite for riskier assets like crude and high hopes...
U.S. stocks on wall Street gained more than 1% on Thursday as investors appeared relieved about the Federal Reserve’s stance on tapering stimulus and raising interest rates. Upbeat outlooks from Accenture and...
Shares in Asia-Pacific were mostly higher in Thursday trade as investors in Asia-Pacific continue monitoring the situation surrounding China Evergrande Group. Hong Kong’s Hang Seng index rose 1.04%, as of its final hour of...
Oil prices rose on Thursday, extending strong gains overnight with fuel demand growing and crude stocks declining as production remains hampered in the U.S. Gulf of Mexico after two hurricanes. The market...
The benchmark wall street indexes for U.S stock markets rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the...
Elsewhere in Asia, the Nikkei 225 in Japan slipped 0.67% to close at 29,639.40 while the Topix index shed 1.02% to finish the trading day at 2,043.55.
Oil prices climbed more than 1% on Wednesday, extending overnight gains after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight...
The majority of Wall Street investors are waiting for the end of this week’s Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.
Shares in Asia-Pacific were mixed on Tuesday as investors continued monitoring the situation surrounding embattled developer China Evergrande Group. Japanese stocks declined as they returned to trade following a Monday holiday. The Nikkei 225 closed...
Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a...
Wall Street fell in a broad sell-off on Monday, with the S&P 500 and Nasdaq suffering their biggest daily percentage drops since May, as fear of contagion from the potential collapse of...
Hong Kong’s Hang Seng index led losses among Asia-Pacific markets in Monday trade, with shares of embattled Chinese developer China Evergrande Group continuing to drop. The Hang Seng index dropped 3.3% to close at 23,099.14. Shares...
Oil prices fell on Monday, extending losses from Friday after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico...
Global markets were mixed this week as various economic development from various markets across the markets, in the news was the fear over the possible collapse of Chinese real estate firm, Evergrande.
Shares in Asia-Pacific were mixed on Friday, with shares of China Evergrande Group continuing to take a beating.
Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts are on track to post weekly gains of...
The three major wall street indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured market-leading tech stocks, and the rising dollar weighed on exporters.
Asia-Pacific stocks were largely lower on Thursday, with Chinese stocks leading losses regionally. By the mainland market close on Thursday, the Shanghai Composite dropped 1.34% to 3,607.09 while the Shenzhen component plunged 1.954% to 14,258.13. Shanghai...
Oil prices slipped on Thursday, paring back only some of the large gains made the previous day on the back of a larger-than-expected drawdown in crude oil stocks in the United States....
Stocks on wall street closed higher on Wednesday as rising crude oil prices boosted energy shares and a swath of positive U.S. economic data.
Shares in Asia-Pacific were largely lower on Wednesday, as investors reacted to the release of Chinese economic data. Hong Kong’s Hang Seng index dropped 1.84% to close at 25,033.21 — falling more than...
Oil prices climbed on Wednesday after industry data showed a larger than expected drawdown in crude oil stocks in the United States, the world’s largest oil consumer, and on expectations that demand will recover as vaccine roll-outs...
Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation....
Shares in Asia-Pacific were mixed on Tuesday as investors looked ahead to the release of U.S. consumer inflation data for August. In Hong Kong, China Evergrande Group’s stock plunged 11.87% after the embattled property developer...
Oil prices hit a six-week high on Tuesday on concerns that another storm could affect output in Texas this week even as the U.S. industry struggles to return to normal production levels...
Shares in Asia-Pacific were mixed on Monday, with stocks in Hong Kong leading losses. Hong Kong-listed shares of Alibaba dropped 4.23% following a Financial Times report that Beijing wants to break up Ant Group’s Alipay...
Oil prices rose for a second session on Monday as concerns over U.S. output following damage from Hurricane Ida supported the market, along with expectations for higher demand. Brent crude rose 33...
Major Global markets edged slightly downward last week, with the U.S markets leading as some benchmark indices logged their first five-day losing streak since mid-February.
Shares in Asia-Pacific rose on Friday, as investors monitored Hong Kong-listed stocks of firms in regulation-hit sectors such as video games. Shares of Tencent in Hong Kong jumped 2.08% on Friday while NetEase gained 3.14%...
Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks were heading for weekly losses of about 1% after China announced...
Hong Kong stocks dropped on Thursday, with shares in the rest of Asia-Pacific also largely declining. Shares of Tencent and Netease in Hong Kong dropped 8.48% and 11.03% respectively on Thursday after regulatory pressures surfaced...
Oil prices rose for a second session on Thursday, recovering from earlier losses as a decline in U.S. Gulf of Mexico output following damages from Hurricane Ida underpinned the market. Brent crude...
Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the economy’s recovery and on uncertainty about when the Federal Reserve may pull back its accommodative...
Shares in Asia-Pacific were mixed on Wednesday, with shares of China Evergrande Group recovering slightly after briefly falling below their IPO price. By the Wednesday market close in Hong Kong, China Evergrande Group...
Oil prices were little changed on Wednesday following overnight losses from a stronger dollar and demand concerns, with a slow production restart in the U.S. Gulf of Mexico providing some support. U.S. West...
Benchmark index of wall street, the S&P 500 closed lower on Tuesday while the Nasdaq edged up to a record high, as investors balanced worries about the slowing pace of economic recovery...
Shares in Asia-Pacific were mostly higher on Tuesday, as China’s August trade data came in above expectations. The Shanghai Composite in mainland China rose 1.51% to close at 3,676.59 while the Shenzhen component advanced 1.074%...
Oil prices were mixed on Tuesday in quiet trade as some investors scooped up bargains following the recent losses while growing fears over slower demand after Saudi Arabia’s sharp cuts to crude...
Asia-Pacific stocks rose on Monday, with shares in Japan and China seeing big gains. Japan’s Nikkei 225 was among the biggest gainers regionally, rising 1.83% to close at 29,659.89. That added to its surge...
Oil prices extended losses on Monday after the world’s top exporter, Saudi Arabia, slashed crude prices for Asia over the weekend, signalling that global markets are well supplied. Brent crude futures for...
Global Markets were mixed this week as data from various fronts; from the U.S jobs data which was released on Friday and the growing anxiety over the shifting Fed policy adding new...
The Nasdaq ended Friday at a new peak but the other main Wall Street indexes fell, reflecting the mixed sentiment stemming from a disappointing U.S. jobs report which raised fears about the...
Asian markets were mixed as Shares in Japan jumped on Friday after Prime Minister Yoshihide Suga said he will not be running in the upcoming leadership election. The Nikkei 225 closed 2.05% higher at...
Oil prices were mixed on Friday after a strong rise in the previous session on a weaker dollar and a fall in U.S. crude stocks and were set for modest weekly gains...
Wall Street benchmarks, the S&P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and...
Shares in Asia-Pacific were mixed in Thursday trade as Australia reported a higher-than-expected trade surplus in July. The S&P/ASX 200 in Australia shed 0.72%. Australia recorded a trade surplus of 12.117 billion...
Oil prices fell on Thursday after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many...
Technology stocks, which tend to benefit from a low-rate environment, finished higher, upping Nasdaq to record close. Apple Inc rose 0.4% to its second-highest close
Shares in Asia-Pacific were mixed on Wednesday, as a private survey showed shrinking Chinese factory activity in August. Mainland Chinese stocks closed mixed as the Shanghai composite advanced 0.65% to 3,567.10 while the Shenzhen component dipped...
Oil prices recovered on Wednesday after a U.S. industry report showed crude inventories fell more than expected last week, steadying after overnight losses from the impact of Hurricane Ida on U.S. refineries....
Shares in Asia-Pacific were mixed on Tuesday, as data showed slowing Chinese factory activity growth in August. In mainland China, the Shanghai composite rose 0.45% to close at 3,543.94 while the Shenzhen component shed 0.659% on...
Oil prices fell on Tuesday on concerns that power outages and flooding in Louisiana after Hurricane Ida will cut crude demand from refineries at the same time global producers plan to raise...
Wall Street benchmark indexes, the S&P 500 and Nasdaq topped their record closes once again on Monday, bolstered by technology stocks, as last week’s dovish comments from the Federal Reserve on tapering...
Shares in Asia-Pacific mostly rose on Monday trade, with Australian stocks recovering from an earlier slip as Covid cases in the country spike. In Japan, the Nikkei 225 advanced 0.54% to close at 27,789.29...
Oil prices pared early gains on Monday, off more than three-week highs reached earlier in the session as a powerful hurricane ploughing through the Gulf of Mexico forced shutdowns and evacuations of...
Global market headlines swung squarely to Fed policy and geopolitical uncertainties last week, while swings in the stock market remained narrow, continuing August's tranquil trend. United States Stocks gained as full Food...
Wall Street rallied on Friday, pushing the S&P and the Nasdaq to record closing highs for the fourth time this week, as U.S. Federal Reserve Chairman Jerome Powell's remarks at the Jackson...
Asia-Pacific markets traded mixed on Friday as investors remained cautious ahead of the Federal Reserve’s annual Jackson Hole symposium where Fed Chair Jerome Powell is due to speak. In Australia, the benchmark ASX 200...
Oil prices rose on Friday, on track to post big gains for the week, on worries about near term supply disruptions as energy companies began shutting in production in the Gulf of Mexico...
Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a...
Asia-Pacific markets mostly declined on Thursday despite overnight gains on Wall Street, while South Korea became the first major economy to raise interest rates during the pandemic. The Bank of Korea raised...
Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally and as production returned in Mexico. Brent crude...
Wall Street gained ground again on Wednesday, with chipmakers and financials helping to push the S&P 500 and the Nasdaq to record closing highs as investors look to the upcoming Jackson Hole...
Asia-Pacific stocks were mixed at the close on Wednesday, as optimism continued to drive U.S. stocks, with the S&P 500 and Nasdaq reaching record highs overnight. Meanwhile, India’s benchmark index hit a...
Oil prices fell on Wednesday, taking a breather after a strong rally this week spurred by the loss of a quarter of Mexico’s production and signs that China, the world’s biggest importer, has...
Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA’s full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite...
Shares in Asia-Pacific rose in Tuesday trade, with Hong Kong stocks leading gains among the region’s major markets. That came after the tech-heavy Nasdaq Composite jumped to a record closing high overnight...
Oil benchmarks jumped more than 5% on Monday, helped by a weaker U.S. dollar, after marking their biggest week of losses in more than nine months last week.
Wall Street rallied on Monday, and the Nasdaq reached an all-time closing high as sentiment was boosted by full FDA approval of a COVID-19 vaccine and market participants looked ahead to the...
Stocks in Asia-Pacific rose on Monday trade as Hong Kong’s Hang Seng index bounced back after falling into a bear market last week. The Hang Seng index rose 1.05% in afternoon trade, as shares...
Gold prices inched lower on Monday as the dollar held near recent highs, although the losses were limited by growing concerns over the economic fallout from the spread of the delta coronavirus...
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